Digi Power X ($DGXX) shares drop 5.1% amid $15M share sale announcement

Digi Power X (DGXX) shares fell 5.18% to $3.48 in pre-market trading on Monday, July 21, 2025, compared to the previous close of $3.67.

The price was decreased following news that the company entered a definitive agreement to sell 4.8 million shares at $3.12 per share, raising approximately $15 million. The capital will support expansion of its NeoCloud AI infrastructure, strategic joint ventures, and other initiatives. The offering is expected to close around July 22, 2025.